Form 4: Voip-Pal.com Inc: Wife of CEO Disposes of Shares in Recent Transactions

Barbara Baggio, wife of Voip-Pal.com Inc's CEO, reports the disposal of common stock shares in a series of transactions between June 3rd and June 6th, 2024.

Summary

• Barbara Baggio, the wife of the CEO of Voip-Pal.com Inc., has reported a series of transactions involving the disposal of common stock.
• On June 3, 2024, she disposed of 250,000 shares at a price of $0.017 per share, reducing her holdings to 86,918,401 shares.
• On June 4, 2024, she disposed of another 250,000 shares at $0.017 per share, followed by 300,000 shares at $0.0165 per share, bringing her holdings down to 86,368,401 shares.
• On June 5, 2024, she disposed of 250,000 shares at $0.0172 per share, resulting in a holding of 86,118,401 shares.
• Finally, on June 6, 2024, she disposed of 95,142 shares at $0.0172 per share, leaving her with 86,023,259 shares.
• All transactions were direct disposals.

Sentiment

Score: 4

Explanation: The sentiment is neutral to slightly negative. While the document only reports transactions, the disposal of shares by an insider's spouse can sometimes create uncertainty among investors.

Risks

• The disposal of shares by a related party (wife of the CEO) could be perceived negatively by investors.

Industry Context

Insider transactions are routinely monitored and reported to the SEC to ensure transparency and prevent illegal activities such as insider trading. The disclosure allows investors to stay informed about the actions of company insiders.

Stakeholder Impact

• Shareholders may react to the news of share disposals by a related party.

Key Dates